Stablecoin Collateral: Why You NEED To Pay Attention!! (Ep 208)
Coin Bureau
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Stable Coins Are a Risk to the Cryptocurrency Market
Stable coins have been contentious crypto currencies, and it's easy to see why. The lack of transparency from the companies which issue feet back stable coins is astounding,. And i reckon regulators have reasons to be concerned. Imagine what would happen if tether circle and pacsos invested hundreds of billions of dollars into regular markets with their stable coin collateral. This would cause an unbelievable amount of sell pressure for whatever assets these stable coin issues are holding. If most of that money happens to be sitting in assets like home equities, it could potent ly crash the housing market and bring the stock market down with it. My only hope is that someone will develop a robust, algarithmic stable coin that
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